The BULL Meme Coin - Farm and Trade The BULL NFT
What Exactly is Crypto and how can I trade cryptocurrency at cheap prices and sell for a profit?
Crypto Currency prices can be a very voliatle scenario on any given day. As more and more users begin the process of trading crypto currency, it is imperative to not only understand the trading process, but also each individual coin to help in the process. Our site takes pride in researching the best time to buy cheap crypto during the dips to help maximize your trading profits. As crypto prices can change immensely in a short time period, it's important to research the coins and know when the time is right to buy. There are many crypto coins that you can trade and many new ones. We highlight the major coins and always researching the best information to help you understand the current real time price on specific crypto and make a rational decision to buy or hold you crypto. There are many times throughout the day, week and month where crypto coins are in a bullish trend or a bearish trend. We pick through the current trend and help you understand the current environment for each crypto coin and determine if it's a good time to buy, sell, or hold. Here is an overview on some of the most popular crypto coins and current market price. You can click on the links on the left side of the page to get detailed pricing information on each individual crypto coin and historic prices. On this site, we also discuss trading strategies to buy crypto at it's cheapest price. For example, check out our page on "Dollar Cost Average".
Bitcoin: This is the world's first cryptocurrency and most popular. You can securely store and trade bitcoin you purchase on the internet through a blockchain. Think of a blockchain as a ledger that finalizes transactions. Many beginners believe that you have to buy a whole Bitcoin and with such a high price, it is too late to buy. This is not the case as bitcoin is divisible into smaller units that are called "Satoshis". Each satoshi has a value and that value is 0.00000001. Even a small $5 investment allows you to own a portion of bitcoin at a very cheap price! Even better, do you want some free Bitcoin when you open up a new trading account? Join Coinbase located in the United States to open up your account and get $10 in free Bitcoin when you buy or sell $100 in Crypto!
Ethereum: Ethereum is a decentralized platform that uses a technology called ETH. Another name for this is Ether. This technology is used to pay transaction fees. Another name for Ether transaction fees is called "GAS". Developers are able to run decentralized applications and issue new crypto assets by using ethereum. These assets are knows as Ethereum Tokens.
Cardano: Another name for Cardano is ADA. This is a blockchain platform that is built on a proof of stake consensus protocal. You may be asking what does that mean? In simple terms, Cardano validates transactions without high costs of energy consumption. The Cardano blockchain token is ADA.
Dogecoin: Dogecoin was created to create a payment system that is void of traditional banking fees. Dogecoin is not very effective as a storage of value, but has been highlighted as a memecoin and has a high fanbase. it actually started as a joke, but has evolved as an effective payment system on the internet. If you are new to cryptocurrency, Dogecoin is a great place to start trading at cheap prices.
Uniswap: Uniswap is an ethereum based token that powers an automated liquidity provider called Uniswap. This crypto makes it easy to exchange Ethereum tokens on the blockchain. These tokens are exchanged through liquidity pools that are defined through a process called smart contracts.
Litecoin: Litecoin offers a faster payment system then Bitcoin. It also uses a different algorithm. Litecoin is a 'Fork" of Bitcoin. Litecoin has been called the silver to Bitcoin's gold. Litecoin was developed in 2011 and has been stated as a positive long term investment. Litecoin is designed to produce 4 times as many blocks as Bitcoin, which makes it more appealing for speed.
Chainlink: Chainlink is another ethereum based token that powers the Chainlink network on the Oracle network. This is a decentralized network or Defi Network. The Chainlink network allows for smart contracts on teh Ethereum Network to connect in a secure setting to API's, multiple external data sources and payment systems. Chainlink will evaluate information and automatically execute the command on the blockchain when certain conditions are met.